Remember when sports betting wasn't everywhere you looked in this country?
Back in the 90s, Congress passed a pretty sweeping ban on sports betting across the United States.
This is a pretty universally popular law.
It passes overwhelmingly.
All the sports leagues speak out in favor of it.
It's the law of the land between 1992 and 2018.
It wasn't until 2018 that the Supreme Court stepped in and basically undid that law.
Since then, almost all of the states have gone ahead and legalized sports betting.
The American Gaming association estimates that last year Americans bet over $100 billion on sports.
Something like one in three Americans now bets on sports.
It's everywhere.
It's on your phone.
It's on tv.
Espn, which is to say Disney now runs its own sports book.
Mickey Mouse is now a bookie.
That's completely correct.
Pay up or I'll break your knees.
Charles here says legalization was a terrible mistake.
He's gonna tell on Today Explained how.
Much money do you make?